Highly Profitable Returant For Sales in North Sydney Region

Highly Profitable Returant For Sales in North Sydney Region

Preview Listing
Preview Listing

Location Details :

Country

Australia

State

New South Wales

City

Pennant Hills


Industry :
Food/Hospitality
Sub Industry :
Catering

The restaurant currently serves Middle Eastern, Indian, and Pakistani cuisine and is located in one of the most significant regions of the North Sydney region.

* Current turnover exceeding $24,000 per week, EFTOPS $18K, Online $3k and cash $3k
* Currently run under management with minimal contact hours per week by owner.
* Long trading history and current lease will expire in February 2029 with potential to renewal
* Weekly rent: $1800 Plus GST/Outgoings, which is 7.5% of average turnover only
* Currently trading as Halal, but with the option to apply for liquor license if necessary
* Six days of operation from10 am to 3 pm and 5 pm to 9 pm, only 51hours weekly
* Full commercial kitchen, Basement storage and so on
* Current seating capacity is 55, including 40 upstairs, where can accommodate private function
* Immaculate Presentation, Reputation and Reviews
* Nothing to spend on this very well established, modern and on trend fit out throughout the restaurant

Rare opportunityhighly recommended

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$349,000

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